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  1. business
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  3. the following statements relate to the application

The following statements relate to the application of feedback and feedforward control: Feedback and...

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Accounting

  1. The following statements relate to the application of feedback and feedforward control:
    1. Feedback and feedforward are both applied in budgetary planning and control
    2. Feedback is used in the analysis of variance
    3. Feedforward enables budgeted data for a period to be amended for the next period.
    4. Feedforward relates to the setting of performance standards

Which of the above statement are true?

A.1 and 2 only

B.3 and 4 only

C.1,2 and 4 only

D.1,3 and 4 only

  1. A manufacturing company makes and sells a single product. The sales budget for the year is

8 000 units. Each unit of the product requires 1.2kg of raw materials. The company has budgeted to reduce inventory levels of finished goods from 2 000 units at the start of the year to 1 500 units at the end of the year, but it plans to increase inventory levels of the raw material from 1 500kg to 2 400kg.

What will be the budgeted purchase of raw materials for the year?

  1. 8 100kg
  2. 8 300kg
  3. 9 900kg
  4. 10 200 kg

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